CBCnews

Belgian farmers dump milk in massive protest

Milk dumped on roads and farmland to protest drastically lower prices

Last Updated: Wednesday, September 16, 2009 | 1:30 PM ET

European milk farmers have dumped three million litres of fresh milk onto pastures and roads in a massive, organized protest against lowered dairy prices.

In Belgium, farmers spread milk across roads near the southern town of Ciney. Elsewhere, about 300 tractors dragged milk containers through plowed fields in southern Belgium, dumping a day's worth of milk production in that region.

Farmers spray milk on a field in Ciney, Belgium, on Wednesday, to protest slumping dairy prices.Farmers spray milk on a field in Ciney, Belgium, on Wednesday, to protest slumping dairy prices. (Virginia Mayo/Associated Press)

"It is a scandal to dump this, but we have to realize what the situation is," said Belgian farm leader Erwin Schoepges. "We need a farm revolt."

Milk farmers say world prices have gone so low that they had to sell at half the production cost, leaving more farmers unable to pay their bills.

Prices have fallen 40 per cent since the spring, and European dairy farms are set to lose the equivalent of $14 billion this year unless the situation is remedied.

On Tuesday, farmers closed Belgian border crossings to the Netherlands and to Germany to push demands for higher prices.

Most EU nations want to shore up milk prices but they disagree on how to do that. The EU head office opposes a lowering of quotas, but the quotas are scheduled to end in 2015.

Since the recovery from the Second World War, agriculture is one of the most shielded sectors of the European economy, as governments have sought to end hunger and rationing by paying farmers to increase food production.

But despite decades of being largely exempt from free market forces, farmers have not been protected by governments from the global financial crisis that caused demand to crash.

With files from The Associated Press
  •  
 

Find the best interest rates

Sponsored Feature

Select a product  

Close Close this window

Sponsored Feature

Rate Comparison

Banks & Trusts Interest Rate Minimum Deposit Features
Home Trust Company 0.85% $2,500  
Equitable Trust 0.80% $5,000  
Ally 0.75% $1 Guaranteed earnings. No minimums, fees or service charges.
SunLife Financial Trust 0.70% $1,000  
ResMor Trust 0.65% $5,000  
ICICI Bank Canada 0.50% $1,000  
ING Direct 0.50% $1  
Peoples Trust 0.50% $5,000  
Pacific & Western Bank 0.45% $5,000  
Bank West 0.35% $5,000  
Banks & Trusts Interest Rate Minimum Deposit Features
Home Trust Company 1.25% $2,500  
ResMor Trust 1.10% $5,000  
Ally 1.00% $1 Guaranteed earnings. No minimums, fees or service charges.
Equitable Trust 0.85% $5,000  
SunLife Financial Trust 0.80% $1,000  
Pacific & Western Bank 0.70% $5,000  
ING Direct 0.50% $1  
Manulife Bank 0.50% $25,000  
Peoples Trust 0.50% $5,000  
General Bank of Canada 0.50% $25,000  
Banks & Trusts Interest Rate Minimum Deposit Features
Home Trust Company 1.25% $2,500  
ResMor Trust 1.10% $5,000  
Ally 1.10% $1 Guaranteed earnings. No minimums, fees or service charges.
Equitable Trust 0.85% $5,000  
SunLife Financial Trust 0.80% $1,000  
Pacific & Western Bank 0.75% $5,000  
Manulife Bank 0.50% $25,000  
Peoples Trust 0.50% $5,000  
General Bank of Canada 0.50% $25,000  
ING Direct 0.50% $1  
Banks & Trusts Interest Rate Minimum Deposit Features
Ally 1.75% $1 No-Penalty option, no fees, daily compounded interest.
Home Trust Company 1.55% $1,000  
Pacific & Western Bank 1.55% $1,000  
ResMor Trust 1.46% $1,000  
SunLife Financial Trust 1.45% $1,000  
Community Trust 1.35% $1,000  
Korea Exchange Bank 1.30% $3,500  
State Bank of India (C) 1.30% $2,000  
ING Direct 1.25% $1  
Alterna Bank 1.20% $500  
Banks & Trusts Interest Rate Minimum Deposit Features
Ally 2.30% $1 Guaranteed earnings. No minimums, fees or service charges.
ING Direct 2.25% $1  
Pacific & Western Bank 2.15% $1,000  
Home Trust Company 2.15% $1,000  
ResMor Trust 2.11% $1,000  
SunLife Financial Trust 2.05% $1,000  
State Bank of India (C) 2.00% $2,000  
Korea Exchange Bank 2.00% $3,500  
Community Trust 1.95% $1,000  
HomEquity Bank 1.90% $5,000  
Banks & Trusts Interest Rate Minimum Deposit Features
Ally 2.75% $1 Guaranteed earnings. No minimums, fees or service charges.
Alterna Bank 2.75% $500  
Home Trust Company 2.65% $1,000  
SunLife Financial Trust 2.65% $1,000  
ResMor Trust 2.60% $1,000  
HomEquity Bank 2.55% $5,000  
Manulife Bank 2.50% $2,500  
ING Direct 2.50% $1  
President's Choice Fin'l 2.50% $500  
State Bank of India (C) 2.50% $2,000  
Banks & Trusts Interest Rate Minimum Deposit Features
Ally 3.60% $1 Guaranteed earnings. No minimums, fees or service charges.
SunLife Financial Trust 3.45% $1,000  
Home Trust Company 3.35% $1,000  
Pacific & Western Bank 3.30% $1,000  
B2B Trust 3.30% $500  
President's Choice Fin'l 3.25% $500  
ING Direct 3.25% $1  
HomEquity Bank 3.25% $5,000  
Manulife Bank 3.25% $2,500  
Canadian Western Bank 3.20% $500  
Banks & Trusts Interest Rate Minimum Deposit Features
Peoples Trust 2.10% $0  
Ally 2.00% $0 No minimums, no fees, daily compounded interest.
State Bank of India (C) 1.25% $1,000  
Canadian Tire Bank 1.20% $0  
ICICI Bank Canada 1.20% $0  
ING Direct 1.05% $0  
Amex Bank of Canada 1.00% $0  
Manulife Bank 1.00% $0  
Alterna Bank 0.85% $0  
Royal Bank of Canada 0.75% $0  
Banks & Trusts Interest Rate Minimum Deposit Features
Ally 2.00% $0 Invest up to $5000/year tax-free, withdraw at any time.
State Bank of India (C) 1.75% $0  
Bank of Nova Scotia 1.50% $0  
Canadian Tire Bank 1.50% $0  
ICICI Bank Canada 1.40% $0  
ING Direct 1.05% $0  
President's Choice Fin'l 1.00% $0  
Manulife Bank 1.00% $0  
BMO Bank of Montreal 1.00% $0  
HSBC Bank Canada 0.80% $0  

Money Headlines

Ottawa will stay course on stimulus: Flaherty Video
Rather than turning off the stimulus taps or pouring more fuel on the economic fire, Ottawa will stand pat with the $61 billion in stimulus spending announced in January, Finance Minister Jim Flaherty says.
Canada Post struggles to innovate
Canada's postal service is reinventing itself as it struggles to make up for dwindling demand in the face of a devastating global economic slowdown.
The 10-billion-barrel battle
Henry Lyatsky wants B.C.'s coast opened to oil drilling but environmentalists stand opposed.
CAW, Johnson Controls reach tentative deal Video
After a successful late-night bargaining session, the Canadian Auto Workers Union and management at Johnson Controls have reached a tentative agreement on a new three-year labour deal.
Agrium's bid for CF stumbles
Calgary-based Agrium has suffered a setback in its bid to take over rival CF Industries.

People who read this also read …

Top CBCNews.ca Headlines

Headlines

McCain argues against Afghanistan exit date Video
U.S. Senator John McCain says military exit dates and exit strategies in Afghanistan should not even be discussed until NATO gets the upper hand in its fight against Taliban militants.
U.S. health-care bill clears Senate hurdle
Democrats united Saturday night to narrowly push historic health-care legislation past a key U.S. Senate hurdle over the opposition of Republicans eager to inflict a punishing defeat on President Barack Obama.
Disgraced N.S. bishop's replacement named Video
The Roman Catholic Church has appointed a replacement for Bishop Raymond Lahey, of the Diocese of Antigonish, N.S., who is facing child pornography charges.
Rocket hits luxury hotel in Afghan capital
At least two people were hurt when a rocket struck a wall of the heavily guarded Serena Hotel in Kabul, the Interior Ministry says.
Vancouver Island evacuation order lifted Video
An evacuation order has been lifted for hundreds of south Vancouver Island residents forced from their homes by flooding.